IVE Stock Summary and Trading Ideas (iShares S&P 500 Value ETF | ARCA:IVE)

The iShares S&P 500 Value Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of U.S. large-cap value stocks as represented by the S&P 500/Citigroup Value Index.

iShares S&P 500 Value ETF trades on the ARCA stock market under the symbol IVE.

As of April 19, 2024, IVE stock price climbed to $178.39 with 654,588 million shares trading.

IVE has a beta of 0.95, meaning it tends to be less sensitive to market movements. IVE has a correlation of 0.81 to the broad based SPY ETF.

IVE has a market cap of $31.95 billion. This is considered a Large Cap stock.

In the last 3 years, IVE stock traded as high as $187.24 and as low as $127.33.

IVE stock has underperformed the market in the last year with a return of +18.1%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IVE shares. However, IVE has outperformed the market in the last 3 month and 2 week periods, returning +4.5% and -2.2%, while SPY returned +4.3% and -3.5%, respectively. This indicates IVE has been having a stronger performance recently.

IVE support price is $175.54 and resistance is $178.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IVE stock will trade within this expected range on the day.